With a 10% increase in project numbers in 2011, and more than twice as many projects as China, the second most popular destination, the US has retained its position as the leading destination for European FDI.

Bucharest was the top destination for eurozone FDI into the financial services sector in 2011, with Italian and Australian banks such as UniCredit and Raiffeisen Zentral Bank expanding their presence in the city significantly.

Eurozone investors in the financial services sector have favoured investment in the Romanian capital Bucharest over the past eight years, but Asian cities such as Hong Kong and Shanghai are increasing their appeal.

Corporate location benchmarking tool

fDi Benchmark is the only online tool to benchmark the competitiveness of countries and cities in over 50 sectors. Its comprehensive location data series covers the main cost and quality competitiveness indicators for over 300 locations around the world.